Finance Act 2000 (c. 17)

Part I U.K. Excise duties

Gaming duty U.K.

16 Rates of gaming duty. U.K.

(1) For the table in section 11(2) of the M1 Finance Act 1997 (rates of gaming duty) substitute—

“ TABLE

Part of gross gaming yield	Rate
The first £470,500	2½ per cent.
The next £1,045,500	12½ per cent.
The next £1,045,500	20 per cent.
The next £1,830,000	30 per cent.
The remainder	40 per cent.”

(2) This section has effect in relation to accounting periods beginning on or after 1st April 2000.

Marginal Citations

M1 1997 c. 16.